Apple(US:AAPL) Sou Hu Cai Jing·2025-09-05 02:22Group 1: Tourism and Consumption - The tourism consumption remains active, with significant growth in civil aviation and railway transportation during the summer travel period of 2025, indicating a strong recovery in travel demand [1] - There is an increase in demand for summer vacation trips and mid-to-high-end accommodations, with the "first-time" traveler group expanding as a new highlight of consumption upgrades [1] - The upcoming National Day and Mid-Autumn Festival holidays are expected to further enhance travel plans, with outbound travel and staggered travel intentions increasing [1] - The report from Lingnan Holdings Guozhi Travel indicates that tourist planning and booking times for the National Day are generally earlier this year [1] - The 8-day holiday is boosting outbound travel, with data showing that hotel bookings in popular countries for the National Day have doubled year-on-year, and Chinese tourists have booked flights to 599 cities globally [1] - The tourism sector plays a crucial role in leading, promoting, and optimizing consumption, contributing significantly to high-quality economic development and the construction of a unified national market [1] Group 2: Apple and Foldable Phones - Apple has significantly raised its shipment forecast for foldable iPhones, reflecting the company's strong expectations for the potential popularity of this new product [2] - The revised shipment estimates for foldable iPhones are now set at 8-10 million for 2026 and 20-25 million for 2027, up from previous estimates of 6-8 million and 10-15 million respectively [2] - Foldable smartphones are emerging as a key innovation in consumer electronics, gradually penetrating from the high-end market to mainstream consumer groups [2] - According to TrendForce, global shipments of foldable smartphones are projected to reach 17.8 million units in 2024, with an expected growth to 70 million units by 2027, representing a CAGR of 57.8% from 2024 to 2027 [2] - Analysts believe that Apple's accelerated entry into the foldable phone market could drive rapid growth in the foldable phone segment and lead to innovation upgrades in the supply chain [2]